Market Alert: ASX200 at Critical Support – Reversal or Further Fall?
Dalaroo Metals Ltd (ASX: DAL) is preparing for its inaugural exploration campaign at the Blue Lagoon ZrNb-REE Project in Greenland, with field activities scheduled for late June 2025. The program will include auger drilling, stream sediment, soil sampling, and geological mapping aimed at evaluating historic anomalies reported by GEUS in 1979. These anomalies indicate strong potential for zirconium, niobium, and rare earth elements, particularly neodymium, in the region. Renowned Greenland geologist Ole Christiansen will lead the effort, lending his extensive expertise from projects like Tanbreez. The Blue Lagoon Project lies within the geochemically rich Gadar alkaline intrusive province, aligning with other significant REE deposits. The initial focus will be on assessing weathered granite areas for placer-style deposits, offering potential low-cost extraction options. Assay results are expected by mid-August 2025, with a potential second field trip planned before the close of the September field season.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.